How To Know If You’re Eligible For Chase Sapphire Preferred 100,000 Point Bonus?

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Chase has increased the initial offer for the Chase Sapphire Preferred® Card to 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. This is one of the best card deals I’ve ever seen.

  • It’s a 100,000 point bonus offer
  • These are some of the most valuable points (along with American Express Membership Rewards)
  • They can be used to buy travel directly, or to offset spending with Chase’s “Pay Yourself Back” at 1.25 cents apiece – so worth a minimum of $1250
  • Or they can be transferred to airline miles (such as United, Southwest, Singapore, Air France) or hotel points (Hyatt, Marriott, IHG).

So how do you know if you are eligible for this card, and to earn its bonus? Here are the key considerations:

  • You cannot be a current Sapphire cardmember – not only can’t you have a current Chase Sapphire Preferred® Card you also cannot have another Sapphire card open either.

  • It needs to be at least 48 months since you last earned a bonus from a Sapphire card. If, for instance, you earned a 100,000 point bonus for a Sapphire Reserve card when it first came out and don’t have a Sapphire card any longer you’d qualify under this standard.

  • You need to be under 5/24. Chase generally won’t approve new cardmembers who have had five or more new card accounts opened in the past 24 months. Generally speaking only cards that appear on your personal credit report count towards this total, so many small business cards do not get included in your ‘5/24’ total.

Meeting these rules mean you’re eligible to have your application considered. They don’t guarantee approval of course, that depends on income, credit score, and other factors. But anecdotally the Chase Sapphire Preferred® Card has appeared to be easier to get approved for than many other rewards cards, especially compared to Sapphire Reserve. (Among other reasons the Preferred a Visa Signature rather than Reserve’s Visa Infinite.)

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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Editorial note: any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Comments made in response to this post are not provided or commissioned nor have they been reviewed, approved, or otherwise endorsed by any bank. It is not the responsibility of advertisers Citibank, Chase, American Express, Barclays, Capital One or any other advertiser to ensure that questions are answered, either. Terms and limitations apply to all offers.


  1. Chase is being especially picky about approvals. All of my referrals, who have good credit, were denied. I am over Chase. I went for Private Client consultations and their investment choices were absolutely horrible. It was all about Chase making money and not my needs. I kept my account at Vanguard and I am so happy I did.

  2. Gary, I am an authorized user card on my wife’s CSP account. I do not have any Chase cards of my own. Am I eligible?

  3. @JohnB – I don’t know, they seem to be very picky with Sapphire Reserve approvals but I’ve heard from a ton of readers getting approved for Sapphire Preferred. I obviously don’t know the story with the people you’ve referred.. and not sure what that has to do with a Private Client banking relationship (and by the way you can have a Private Client account without having Chase manage your investment portfolio).

  4. If I currently have the CSP card which I opened way back when the CSR/bous first came out (I converted the CSR to CSP later), can I cancel the CSP card now and reopen say a month later…thereby getting the bonus?

  5. Just to keep credit line I downgraded Preferred to a no fee (legacy) Sapphire when annual fee came due

    So I assume I have to close it before applying for another Preferred or Reserve?

    Does Chase let you transfer credit line to other cards?

  6. I have a lock on all three credit reporting agencies. Does Chase consistently use just one of the agencies, or will I need to unlock all three of them?

  7. I’ve had the reserve a while. If I cancel then quickly get preferred am I eligible?

  8. Gary,
    My wife called Chase to verify if she was eligible and after 3 representatives and over an hour on the phone no one could say yes or no. She had the Sapphire Reserve when it first came out, and then cancelled after the first year, so we think she’s eligible. It’s unfortunate Chase couldn’t answer out questions.

  9. Gary,

    I’ve had the Sapphire Preferred for about 10 years, so well past the time I got any bonus points. If I cancel my account now when could I apply for this card?

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